The country’s oil firms implemented a mixed price movement for domestic oil products effective 6 am Tuesday, with gasoline prices increasing by P1.10 per liter to reflect the movement of oil prices in the world market.
Diesel prices did not move, but the oil firms cut the price of kerosene by P0.35 per liter.
“PTT Philippines to implement a P1.10 per liter increase in gasoline prices effective 6 am Tuesday, May 30, 2023. No movement in diesel price,” the oil firm said.
Phoenix Petroleum Philippines, Chevron Philippines, Seaoil Philippines, Petro Gazz, Cleanfuel, and Jetti Petroleum also made separate announcements of their latest price movements.